VP – Fixed Income & Co-Investments

VP – Fixed Income & Co-Investments

Requirements

• Bachelor’s degree in finance, economics, or a related discipline; CFA charter holder or advanced degree strongly preferred.
• 10 years of experience in investment management, portfolio analysis, or a related role, with significant exposure to fixed income investments.
• Deep understanding of fixed income markets and instruments; familiarity with other asset classes (equities, real estate, alternatives) is a plus.
• Proficiency in portfolio performance monitoring and risk analysis, with strong command of relevant tools (e.g., advanced Excel, Bloomberg, Aladdin, or other platforms).
• Excellent communication and interpersonal skills, including the ability to present complex investment insights to senior leadership and build effective working relationships across teams and with external partners.

Responsibilities

• Lead the development and execution of Fortitude Re’s fixed income co-investment strategy, sourcing and evaluating new opportunities across a range of fixed income sectors.
• Drive the strategic design and evolution of the co-investment platform, identifying and prioritizing investment themes, asset manager partnerships, and sourcing models that align with long-term enterprise objectives.
• Oversee public and private fixed income portfolios, ensuring alignment with performance objectives and compliance with internal investment policies and regulatory requirements.
• Conduct ongoing portfolio surveillance and performance analysis across fixed income holdings, evaluating returns, risk metrics, and attribution to identify trends, risks, and opportunities for improvement.
• Collaborate with external asset managers to source, structure, and execute co-investment transactions aligned with Fortitude Re’s risk, return, and governance standards.
• Present co-investment proposals and recommendations to internal governance bodies, including investment and risk committees, with confidence and the ability to respond to rigorous questioning.
• Lead legal document review in support of co-investment transactions, including investment memos, term sheets, subscription agreements, and other transaction documentation in coordination with internal counsel.
• Oversee co-investment due diligence activities across internal stakeholders (legal, tax, accounting, operations), ensuring thorough and timely evaluation of each opportunity.
• Ensure co-investment activities are consistent with the overall investment strategy and regulatory requirements applicable to insurance company portfolios.
• Oversee the preparation and delivery of regular reports on portfolio performance, risk exposures, and key findings to senior management and investment committees, engaging with internal teams (e.g., Risk Management, Finance, Investment Analytics).
• Provide mentorship and guidance to junior investment team members, fostering a collaborative environment; may have supervisory responsibility for analysts or other staff depending on team structure.

Preferred Qualifications

• Leadership qualities, including a proactive approach and the ability to mentor others; prior team management experience is an asset but not required.